Blame Bubble Makers for Bust

My mom and Dad taught me to man-up and take the blame if it was my fault. Is the lack of such a standard now a prerequisite for success?

 

The media in Iowa recently has been full of pleas to contact government officials to demand continuation of favors for so-called renewable energy. Lack of success in such endeavors will lead to massive layoffs and closed main street businesses.

 

But is our failure to convince government to continue to distort the energy business really a reason for us to take the blame for said layoffs? That would be like blaming rehab for withdrawals.

 

In a fit of optimism I tuned in the WHO farm show in search of some real journalism. Instead there was Bob Dineen, CEO of the Renewable Fuels Association, literally whining and crying for the continued damage of the Renewable Fuels Standard. Next up was a Farm Bureau representative talking about the intrusiveness of OSHA inspecting and fining farms for unsafe working conditions. I’m surprised these farm broadcasters aren’t committed as schizophrenics. Basically, they want to ram ethanol down our throats but they don’t want safety rammed down theirs.

 

Then the news of Governor Branstad, who just declared his intent to run for a national record number of years serving special interests on the backs of Iowans, traveling to Washington to beg for continued tax credits for wind power.

 

There is a place for these energy alternatives but the government has no place encouraging, mandating or subsidizing them. Their time will come when they provide the most bang for the buck.

 

At this point someone will surely think of details irrelevant to the issue of government intervention in energy markets, so I will answer now. National security is not enhanced by limiting trade with other nations through “energy independence.” Trade is the only proven path to peace and if you don’t like peace, you are hopeless. Besides all that, domestic oil discoveries are outpacing the growth of demand. If there is a problem with dependence on foreign sources it is because of the EPA (Environmental Protection Agency). The issues related to human control over the weather (greenhouse gases) are not proven. Even James Hansen (hero of global warming alarmists) has said renewables will do little to change the effect of solar radiation variables on weather.

 

The bottom line is this, we would need no Renewable Fuels Standard if bio fuels were more efficient than fossil fuels. We would need no tax credits for windmills if natural gas did not produce electricity at 20% the cost of wind.

 

When all these scams are found out, who gets the blame? Who pays restitution to all the Iowans who gave up so much in order for a few investors to reap government coerced profits? When corn prices crash and the ethanol plants and turbine factories close, will the “farm guys” give up their spare bedrooms for homeless workers laid off from unsustainable industries?

 

I contend that those who expose and thus limit the damage from this fabricated economy will get the blame for the popped bubble that was blown up in spite of their pleas for sanity. The instigators of these scams will unfortunately go down as heroes who did their best for Iowa just like war-time presidents as opposed to presidents who kept the peace.

 

Personally, I don’t have a lot to complain about. I just bought real gas for twenty cents over 10% ethanol (at that point, real gas still gets me there cheaper). We don’t have windmills in the neighborhood so we can fly on our cover crops and see the whole sky.

 

The thing that bothers me is the impact on the common good. Yep, like a liberal, I can think of that amorphous group of individuals as a singular victim. The rights of individuals to choose their energy without government standards or incentives eventually benefits the common good. But that amorphous group mistakenly believes their leaders have their best interests in mind.

 

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One response to “Blame Bubble Makers for Bust

  1. Government subsidies for the hopeless renewable energy industries is simply a roundabout way of making contributions to those political campaigns where the candidate supports this form of economic extortion of taxpayer money. It has nothing to do with energy conservation or “peak oil” or any other canard, like dependence of the Middle East. The renewable energy effort used to be based on the concern that the U.S. was running-out of oil and natural gas, and that increased dependence on Middle East suppliers was counter to America’s welfare and economic interests. With the windfall or energy discoveries withing the U.S., all of the red herring reasons for justifying these renewable fiascoes have disappeared. Today, no reasons are provided for justifying government involvement in the development of these renewables (save for the hoax of AGW). The sole justification is as stated above, a form of donation of taxpayer monies to political campaigns.

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